FOREX Forecast » TTK-Volga Revenue for 2008 increased by 12% and amounted to more than 310 million rubles

Revenue TTK-Volga, the regional companies of CPD in the Lower Volga, in the year 2008 for all activities was 310 million 882 thousand rubles, which is 12% higher than planned.

The largest share of revenues in total revenues accounted for services - 152 million 218 thousand rubles. In the past year, the company has been active in providing services in the market of corporate clients. Among the completed projects - to connect to a fiber-optic communications network CPD Office of Federal Treasury in the Volgograd region, Volga branch RGOTUPS, JSC “Engels Pipe Plant”, LLC “Telecom OL” and OAO “Megastroy” in Saratov, JSC “Russian South Bank in Volgograd and JSC “Bank” Express-Volga in Astrakhan.

The project to provide services to broadband Internet access to end-users of professional CPD-Volga in 2008, completed construction of the first zone of the communications network in the Volga region of Saratov. In the Volgograd region, local networks are based in Volgograd, Volga and Kamyshin. Overall in the last year for the project spent more than 64 million rubles, with a total planned investment of about 159 million rubles.

In the reporting period, CPD-Volga has concluded a contract for the provision of services and international communications with such major companies as JSC “Saratov Gas Company”, JSC “Gazprom-CRANE (g.Kamyshin), the branch of OJSC Bank Petrocommerce in Saratov, OAO Volgograd plant thermal insulation products “TERMOSTEPS” and others.

JSC Volgatranstelekom (Volga-TTK) was founded in March 1997. The principal shareholders are OJSC “Russian Railways” and JSC “TransTeleCom Company (TTK).

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